Texas Water Development Board approves $1,700,000 in loans to the City of McAllen to finance wastewater system improvements
For immediate release. Contact: Kimberly Leggett at 512-463-5129
AUSTIN - (April 19, 2012) - The Texas Water Development Board (TWDB) today approved by resolution loans in the amount of $1,700,000 to the City of McAllen (Hidalgo County), consisting of a loan in the amount of $1,190,000 and $510,000 in loan forgiveness from the Clean Water State Revolving Fund to finance planning and design costs for wastewater system improvements.
The City of McAllen will use the funds to plan and design a major sanitary sewer trunk line extension from the North Wastewater Treatment Plant approximately 8 miles into an unserved area. The extension will allow the City to eventually provide service to at least 38 subdivisions and colonias within the City's extra-territorial jurisdiction.
The TWDB is the state agency charged with collecting and disseminating water-related data, assisting with regional planning and preparing the state water plan for the development of the state’s water resources. The TWDB administers cost-effective financial assistance programs for the construction of water supply, wastewater treatment, flood control, and agricultural water conservation projects.